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Lernihan-Schramm Foundation is a private trust based in WAYNE, NJ. The foundation received its IRS ruling in 2010. It holds total assets of $2.5M. Annual income is reported at $746K. Total assets have grown from $489K in 2011 to $2.4M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New Jersey and Missouri. According to available records, Lernihan-Schramm Foundation has made 15 grants totaling $324K, with a median grant of $22K. Annual giving has grown from $80K in 2021 to $123K in 2023. Individual grants have ranged from $10K to $33K, with an average award of $22K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New Jersey and New York and Missouri. Contributions to this foundation are tax-deductible.
Smallest Grant
$7K
Median Grant
$12K
Average Grant
$12K
Largest Grant
$17K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Lernihan-Schramm Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NJ, NY, MO.
Lernihan-Schramm Foundation has distributed a total of $324K across 15 grants. The median grant size is $22K, with an average of $22K. Individual grants have ranged from $10K to $33K.
Lernihan-Schramm Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (276212857) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Lernihan-Schramm Foundation is headquartered in WAYNE, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gregory J Schramm | TRUSTEE | $0 | $0 | N/A |
| Jacquelyn M Honculada | TRUSTEE | $0 | $0 | N/A |
Total Giving
$156K
Total Assets
$2.4M
Fair Market Value
$2.4M
Net Worth
$2.4M
Grants Paid
$123K
Contributions
$50K
Net Investment Income
$43K
Distribution Amount
$124K
Total: N/A
Total Grants
15
Total Giving
$324K
Average Grant
$22K
Median Grant
$22K
Unique Recipients
5
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Oasis- A Haven For Women And ChildrenCHARITABLE | Paterson, NJ | $31K | 2023 |
| Backpacks For Life IncCHARITABLE | Jersey City, NY | $26K | 2023 |
| Maryknoll Sisters Of St DominicCHARITABLE | Ossing, NY | $24K | 2023 |
| Eva'S VillageCHARITABLE | Paterson, NJ | $22K | 2023 |
| Killa Wasi FoundationCHARITABLE | Springfield, MO | $20K | 2023 |